XYZ Company produces a single product with the following information available. Evaluate and construct an Income statement using Variable Costing. Number of Units Produced and Sold Annually 20,000 units Selling Price per unit BHD 100 Variable cost per unit: Direct Materials BHD 10 Direct Labor BHD 5 Selling & Administrative Expenses BHD 2 Fixed Costs per year: Manufacturing overhead BHD 100,000 Selling & Administrative Expenses BHD 50,000